1223 Grand AveBillings, MT 59102

Property Details for 1223 Grand Ave

Year built

2005

Construction

WOOD

Lot size

1.26 AC

Property size (Sq ft)

7,462 SF

Zone code

CC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

03-1033-31-3-01-01-0000

APU

3103331301010000

Description

This exceptional 7,462 square foot mixed-use property, located at 1223 Grand Ave in Billings, Montana, presents a unique investment opportunity. The property, built in 2005, encompasses a fully licensed casino and restaurant, operating under a single tenancy. Situated on a substantial 1.256-acre lot (54,658 sq ft), the building boasts excellent visibility and frontage on one of Billings' busiest streets, experiencing an average daily traffic count of 22,630 vehicles. The sale includes the real estate, a Montana All Beverage and Gaming License, and fixtures, furniture, and equipment (FF&E). The property features a spacious layout, including an extra-large kitchen equipped with ample walk-in coolers, freezers, and storage. Abundant parking is available for patrons. The property is currently vacant, offering a blank canvas for a new operator to capitalize on the prime location and existing licenses. Zoned CMU1-Corridor Mixed Use 1, this property offers significant potential for a variety of hospitality uses. The asking price is $2,800,000, translating to $375.23 per square foot. The APN is A10058. This is a rare chance to acquire a turn-key, high-traffic, mixed-use establishment in a thriving Montana market.

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7847

Longitude

-108.547

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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